ACC 291 Week 4 Discussion Question 1 | Documents and Forms | Research Papers

ACC 291 Week 4 Discussion Question 1

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ACC 291 Week 4 Discussion Question 1

Why are companies required to prepare a statement of cash flows?

Why is the statement of cash flows divided into three sections?

What does each section tell you about the operations of a company? What are the differences between the direct and indirect presentation of cash flows?

Why does the Financial Accounting Standards Board allow both methods? Which do you prefer? Why?

ACC 291 Week 4 Discussion Question 1 Why are companies required to prepare a statement of cash flows? Why is the statement of cash flows divided into three sections? What does each section tell you about the operations of a company? What are the d
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